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3.23%

15.0¢ kaiser reef limited

I'm with you hoping & praying that the worst is behind us and...

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telamelo

11,233 Posts.

301

08/04/24

18:30

Post #: 73245514
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Originally posted by bellcurve: ↑

The March quarterly, scheduled before the end of April, will either meet expectations, exceed or undershoot.

KAU's history is to undershoot expectations, particularly after spending a motzah last fiscal year on mine and mill growth capex.

September quarter production of 2,940 ounces was won from ore grading 7.8 gpt, while output in the December quarter of 1,740 ounces came from ore grading 6.1 gpt.

in an upbeat production update issued mid February, the company reported a mined grade of 13 gpt for a week in early February, but we've heard nothing since.

so what do holders expect for the March quarter, in light of the poor information flow from the company.

with a processing capacity at the Maldon mill of about 5,000 tonnes of ore a month, it wouldn't take long at an ore grade of 13 gpt for output to mount up.

i'll stick my neck out and say am hoping for 3k+ ounces production in the quarter, which should yield sales revenue of around and possibly more than A$10 million, with a healthy profit margin over AISC on each ounce.

anyone else having a punt?

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I'm with you hoping & praying that the worst is behind us and seeing AUD Gold almost at $3,600 definitely helps our case!

KAU Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 15.0¢		Change -0.005(3.23%)		Mkt cap ! $32.71M

Open	High	Low	Value	Volume
16.0¢	16.0¢	15.0¢	$20.58K	131.3K

Buyers (Bids)

No.	Vol.	Price($)
1	25196	15.5¢

Sellers (Offers)

Price($)	Vol.	No.
16.0¢	12977	1

View Market Depth

No.	Vol.	Price($)
1	25196	0.155
5	211130	0.150
4	326219	0.145
6	475384	0.140
2	11200	0.135

Price($)	Vol.	No.
0.160	12977	1
0.165	43000	1
0.170	180000	2
0.175	150000	1
0.180	414442	5

Last trade - 11.17am 04/10/2024 (20 minute delay)

KAU (ASX) Chart